Interest in Argentine furniture grew by 6.3%
Compared to April 2022
The data for May 2022 shows an increase of 6.3% compared to the figure for April 2022. In year-on-year terms, the indicator shows a 15.6% drop in online interest in Argentine furniture compared to May 2021.
The industrial production of furniture and mattresses surveyed by INDEC for the month of April 2022 marked a year-on-year level 3% lower than April 2021, and a fall of 2% compared to March 2022. The IIMAO of May 2022 anticipates a stagnation in the coming months of furniture production in Argentina.
In this month, all the IIMAO components (except buffer) show an increase compared to April 2022.
At the provincial level, a similar behavior is observed between provinces that grew in interest in furniture and others that decreased their level.
The index called IIMAO "Interest Index of Argentine Furniture Online" is made up of the words Furniture (weighted at 80%), Armchair (10%), Desk (5%) and Mattress (5%).
This report is monthly and is presented within the framework of the Statistical Observatory of FAIMA coordinated by Mg. Fernando Couto. It seeks to provide information for early decision making for the wood and furniture sector.
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